Schroder Investment Management Group Has $91.15 Million Stock Position in Dollar Tree, Inc. $DLTR

Schroder Investment Management Group boosted its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 1,475.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 965,895 shares of the company’s stock after purchasing an additional 904,589 shares during the period. Schroder Investment Management Group owned about 0.47% of Dollar Tree worth $91,152,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Inceptionr LLC acquired a new position in shares of Dollar Tree during the 3rd quarter worth $767,000. Private Advisor Group LLC grew its position in Dollar Tree by 13.1% in the third quarter. Private Advisor Group LLC now owns 4,131 shares of the company’s stock valued at $390,000 after acquiring an additional 479 shares during the last quarter. Meiji Yasuda Life Insurance Co bought a new position in Dollar Tree in the third quarter valued at about $254,000. Natixis Advisors LLC raised its stake in Dollar Tree by 14.6% during the third quarter. Natixis Advisors LLC now owns 405,375 shares of the company’s stock worth $38,255,000 after acquiring an additional 51,659 shares in the last quarter. Finally, Korea Investment CORP lifted its holdings in shares of Dollar Tree by 64.4% in the third quarter. Korea Investment CORP now owns 249,919 shares of the company’s stock worth $23,585,000 after acquiring an additional 97,866 shares during the last quarter. Institutional investors own 97.40% of the company’s stock.

Analyst Ratings Changes

DLTR has been the subject of a number of research analyst reports. Evercore upgraded shares of Dollar Tree to a “hold” rating in a research report on Tuesday, February 3rd. Morgan Stanley upped their price target on shares of Dollar Tree from $130.00 to $146.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Telsey Advisory Group set a $150.00 price objective on Dollar Tree in a report on Wednesday, December 17th. UBS Group boosted their price objective on Dollar Tree from $135.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Finally, BTIG Research reiterated a “neutral” rating on shares of Dollar Tree in a research report on Monday. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $124.62.

Dollar Tree Stock Performance

NASDAQ:DLTR opened at $115.85 on Tuesday. The company has a quick ratio of 0.22, a current ratio of 0.96 and a debt-to-equity ratio of 0.70. Dollar Tree, Inc. has a twelve month low of $61.80 and a twelve month high of $142.40. The company has a fifty day moving average of $126.89 and a 200-day moving average of $112.81. The firm has a market capitalization of $23.04 billion, a P/E ratio of -8.61, a P/E/G ratio of 1.44 and a beta of 0.73.

Dollar Tree Profile

Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.

Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.